Homes for sale - 1307 E Peck St, Compton, CA 90221

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Gregory Masi

gregory@gregorymasi.com +1(310) 488-4880

$ 2,300,000

Est. payment | -/mo

14 Beds

10 Baths

5,016 SqFt

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$ 2,300,000

Est. payment | -/mo

Save

14 Beds

10 Baths

5,016 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $458

MLS Listing ID 24-450299

Bedrooms 14

Year Built 1950

Lot Size 0.398 Acres

Acres 0.3977

Property Description

We are pleased to present 1307 & 1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 6.50% CAP and 10.03 GRM on current rents with upside to operate at a 9.04% CAP and a 7.86 GRM. The property consists of adjacent 5-unit buildings located at 1307 &1311 E Peck, which is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single story side by side five-unit buildings constructed in 1950 with a strong unit mix of 4 two-bedroom units and 6 one-bedroom units located on 17,323 sf of land. Half of the units have been renovated, and one unit will be delivered VACANT. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions.

Location

State CA

County Los Angeles

Area Compton N Of Rosecrans, E Of Central

Zoning COPRH*

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Inclusions 1311 E Peck St, Compton, CA 90221 - APN: 6167-030-023

Equipment None

Exterior

Garage Garage Is Detached

Garage Spaces 10.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

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Gregory Masi

REALTOR® | Lic# 1708321

gregory@gregorymasi.com

+1(310) 488-4880

11601 Wilshire Blvd., Suite 101 Los Angeles, CA

1307 E Peck St Compton, CA 90221

Gregory Masi

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1307 E Peck St